Safran Balance Sheet Health
Financial Health criteria checks 5/6
Safran has a total shareholder equity of €11.7B and total debt of €4.4B, which brings its debt-to-equity ratio to 37.9%. Its total assets and total liabilities are €53.0B and €41.3B respectively. Safran's EBIT is €3.7B making its interest coverage ratio -23.1. It has cash and short-term investments of €5.9B.
Key information
37.9%
Debt to equity ratio
€4.44b
Debt
| Interest coverage ratio | -23.1x |
| Cash | €5.92b |
| Equity | €11.73b |
| Total liabilities | €41.29b |
| Total assets | €53.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFP's short term assets (€30.2B) do not cover its short term liabilities (€34.1B).
Long Term Liabilities: SAFP's short term assets (€30.2B) exceed its long term liabilities (€7.2B).
Debt to Equity History and Analysis
Debt Level: SAFP has more cash than its total debt.
Reducing Debt: SAFP's debt to equity ratio has reduced from 50.4% to 37.9% over the past 5 years.
Debt Coverage: SAFP's debt is well covered by operating cash flow (99.7%).
Interest Coverage: SAFP earns more interest than it pays, so coverage of interest payments is not a concern.